Table 16 Alternative database with extended time coverage of the COVID-19 period.
From: The COVID-19 pandemics and import demand elasticities: evidence from China’s customs data
All trade modes | UN Comtrade (country-level), 2019m1-2022m12 | Chinese Customs (provincial-level), 2019m1-2021m3 | ||
|---|---|---|---|---|
Monthly trade data | (1) | (2) | (3) | (4) |
Y= Δ ln v | Y= Δ ln q | Y= Δ ln v | Y= Δ ln q | |
Δ ln RER_CNY | 2.044*** (0.251) | 2.236*** (0.285) | 1.758*** (0.361) | 1.854*** (0.377) |
Δ ln RER_CNY × Policy | −1.806*** (0.467) | −2.432*** (0.554) | −3.296*** (0.583) | −3.399*** (0.688) |
Δ ln RER_Comp | 0.0332*** (0.00689) | 0.0328*** (0.00756) | 0.115*** (0.011) | 0.100*** (0.011) |
Δ ln RER_Comp × Policy | −0.0296** (0.0123) | −0.0308** (0.0138) | −0.0251*** (0.007) | −0.0215*** (0.007) |
Controls | Yes | Yes | Yes | Yes |
Province-time FE | Yes | Yes | Yes | Yes |
Province-product-country FE | Yes | Yes | Yes | Yes |
Time FE | Yes | Yes | Yes | Yes |
N | 944592 | 871979 | 2352568 | 2248764 |
R2 | 0.044 | 0.040 | 0.052 | 0.049 |
Prob > F-statistic | 0.000 | 0.000 | 0.000 | 0.000 |